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Tag Archives: funds for mining in nigeria

FEC approves N30b intervention fund for mining sector development

FG secures $150m World Bank support for mining development – Fayemi

Reports show that the Federal Executive Council, on Wednesday, has approved the release of a N30 billion intervention fund for mining sector development. The Guardian reports that the Minister of Mines and Steel, Kayode Fayemi, made it known that the sum was a fulfillment of President Buhari’s campaign promises when he pledged determination to diversify from the oil sector. Addressing ...

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